C. Stephen Cordes, of Westfield, has been named to the NJIT Board of Trustees. Cordes is an equity partner and managing director of Clarion Partners, a leading investment advisory firm headquartered in New York City specializing in real estate with $23 billion in assets under management. He is a member of the firm's board of directors, management executive board and investment committee. He serves as chief operating officer of the company and is the head of its portfolio management activities. Cordes is portfolio manager and chairman of the board of a $2.5 billion investment fund created through the 2005 privatization of a publicly-traded real estate investment trust specializing in multifamily property ownership and development.
>>

The NJIT men's and women's basketball teams each were presented with resolutions yesterday from the NJIT Board of Trustees in recognition of their historic championship seasons of both athletic and academic accomplishments. >>

The Board of Trustees of New Jersey Institute of Technology has approved $200 million in construction and infrastructure projects on the university's Newark campus, designed to enhance and expand NJIT's role as the state's science and technology university and a leader in science, technology, engineering and mathematics (STEM) education and research. The university will apply to the Secretary of Higher Education for $152 million from the Building Our Future Bond Act, state revolving funds and other sources to support the projects.
>>

NJIT will hold its annual black-tie benefit dinner, Celebration on Jan. 25, 2013 at 7:30 p.m. at The Pleasantdale Chateau, West Orange. Originally this event was scheduled for Nov. 2, 2012, but due to Hurricane Sandy, it was postponed.
>>